Get HCM digital magazine and ezines FREE
Sign up here ▸
Jobs   News   Features   Products   Magazine      Advertise  
NEWS
Tough year for SeaWorld as operator reports lacklustre figures
POSTED 28 Feb 2017 . BY Tom Anstey
SeaWorld CEO Joel Manby has previously said the company had no choice but to bring an end to its controversial orca shows or risk the eventual demise of its parks.
SeaWorld has submitted its end of year results, with revenues and attendance both down on 2015 as the company continues to try and transform its image, putting “fun but meaningful” at the forefront of its PR campaign.

Total revenues for 2016 were US$1.34bn (€1.26bn, £1.07bn), slightly lower than the US$1.37bn (€1.29bn, £1.1bn) recorded in 2015. The company also recorded a net loss of US$12.5m (€11.8m, £10m) in 2016, compared with a net profit of US$49.1m (€46.3m, £39.5m) the year before.

Heavy decline at SeaWorld’s Florida and Northeast park locations saw an overall decline in attendance by 471,000 visitors – a 2.1 per cent overall decrease across the company’s parks year-on-year.

For the final quarter of the year, SeaWorld was hurt by higher expenses and fewer people visiting its parks, with a dip of 30,000 visitors and revenue from admissions declining by 3 per cent.

The company blamed attendance on Hurricane Matthew, which temporarily closed its Florida attractions in October, also blaming “softness” in the Latin America market, which traditionally is a big draw for the operator.

The park also endured the death of infamous orca Tilikum, who died in January and was featured in the 2013 documentary Blackfish, which has been at the root of the company’s ongoing struggles.

“We ended the year exceeding our guidance and generating improved revenue and attendance in California and Texas, in particular, two locations which presented us challenges in 2015,” said SeaWorld CEO Joel Manby.

“Our focus on driving revenue growth by providing guests with experiences that matter is gaining traction. In the fourth quarter, we implemented the first phase of our cost optimisation program which had a positive impact on results, and we continue to find new ways to be more efficient."

Manby added: “Building on the platform for growth we established in 2016, we are energised going into 2017 as we launch some of the most innovative new rides and attractions in our history, while deploying our capital more efficiently. We remain focused on financial discipline to improve our financial strength and flexibility over the long term.

"We are committed to strengthening our foundation, and our board and management team are moving fast to implement our initiatives to increase value for our shareholders.”
RELATED STORIES
  SeaWorld's Doug Stagner named new IAAPA COO and EVP


IAAPA has named attractions veteran Doug Stagner as its new COO and executive vice president – a newly created position designed to help the organisation achieve its goals and handle growth and global infrastructure.
  SeaWorld’s Tilikum dies as controversial orca shows laid to rest


Just days since SeaWorld San Diego announced its final orca show would be on 8 January, the marine park brand’s most famous animal, Tilikum, has died.
  Former Disney exec appointed as SeaWorld’s chief marketer


Former Disney Parks executive Denise Godreau has joined SeaWorld Entertainment as chief marketing officer.
  SeaWorld hosting final California orca show on 8 January


SeaWorld will take the next big step in its company-wide evolution this Sunday (8 January), with its San Diego park hosting its last theatrical orca show, a staple of the entertainment giant for many decades.
MORE NEWS
Les Mills calls on the industry to support UNICEF
Global group exercise specialist, Les Mills, is inviting operators to sign up to its Workout for the World event on 20 June, in support of UNICEF.
HUM2N opens longevity clinic at Six Senses London
Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley.
KX Chelsea invests £15 million to upgrade its wellness offering
Premium London health club, KX Chelsea, will imminently unveil its most significant redevelopment since its launch in 2002 to create an integrated wellness model combining training, recovery and relaxation.
Researchers identify a drug which reduces muscle loss when using GLP-1 medications
Researchers in the US have identified an antibody which could greatly reduce the loss of lean muscle mass in people who are taking weight-loss medications.
+ More news   
LATEST JOBS
GP Exercise Referral Instructor
Everyone Active
Salary: £33,000pa + benefits
Job location: Harrow, Middlesex , United Kingdom
Self Employed Personal Trainer
Everyone Active
Salary: Competitive
Job location: Enderby
+ More jobs  

FEATURED SUPPLIERS

W3Fit EMEA celebrates its fifth anniversary
Celebrating its milestone 5th anniversary, W3Fit EMEA returns in 2026 with an unmissable gathering of the Health & Fitness industry’s most influential leaders. [more...]

Reaching the people most gyms miss: Bedford Gym & Swim Campaign delivers 410 new members
One of the biggest mistakes the fitness industry still makes is advertising almost exclusively to people who already look and live like gym members. [more...]
+ More featured suppliers  
COMPANY PROFILES
PSLT Ltd

PSLT Fitness Solutions manufacture, remanufacture and buy back commercial gym equipment. [more...]
ukactive

ukactive is the UK’s leading trade body for the physical activity sector, bringing together more tha [more...]
+ More profiles  
CATALOGUE GALLERY
 
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

13-13 Jun 2026

Global Wellness Day

Worldwide, Various,
15-18 Jun 2026

HLTH Europe

RAI Convention Centre, Amsterdam, Netherlands
+ More diary  
 
ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
 
HCM
LEISURE OPPORTUNITIES
HEALTH CLUB HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026
Get HCM digital magazine and ezines FREE
Sign up here ▸
Jobs    News   Products   Magazine
NEWS
Tough year for SeaWorld as operator reports lacklustre figures
POSTED 28 Feb 2017 . BY Tom Anstey
SeaWorld CEO Joel Manby has previously said the company had no choice but to bring an end to its controversial orca shows or risk the eventual demise of its parks.
SeaWorld has submitted its end of year results, with revenues and attendance both down on 2015 as the company continues to try and transform its image, putting “fun but meaningful” at the forefront of its PR campaign.

Total revenues for 2016 were US$1.34bn (€1.26bn, £1.07bn), slightly lower than the US$1.37bn (€1.29bn, £1.1bn) recorded in 2015. The company also recorded a net loss of US$12.5m (€11.8m, £10m) in 2016, compared with a net profit of US$49.1m (€46.3m, £39.5m) the year before.

Heavy decline at SeaWorld’s Florida and Northeast park locations saw an overall decline in attendance by 471,000 visitors – a 2.1 per cent overall decrease across the company’s parks year-on-year.

For the final quarter of the year, SeaWorld was hurt by higher expenses and fewer people visiting its parks, with a dip of 30,000 visitors and revenue from admissions declining by 3 per cent.

The company blamed attendance on Hurricane Matthew, which temporarily closed its Florida attractions in October, also blaming “softness” in the Latin America market, which traditionally is a big draw for the operator.

The park also endured the death of infamous orca Tilikum, who died in January and was featured in the 2013 documentary Blackfish, which has been at the root of the company’s ongoing struggles.

“We ended the year exceeding our guidance and generating improved revenue and attendance in California and Texas, in particular, two locations which presented us challenges in 2015,” said SeaWorld CEO Joel Manby.

“Our focus on driving revenue growth by providing guests with experiences that matter is gaining traction. In the fourth quarter, we implemented the first phase of our cost optimisation program which had a positive impact on results, and we continue to find new ways to be more efficient."

Manby added: “Building on the platform for growth we established in 2016, we are energised going into 2017 as we launch some of the most innovative new rides and attractions in our history, while deploying our capital more efficiently. We remain focused on financial discipline to improve our financial strength and flexibility over the long term.

"We are committed to strengthening our foundation, and our board and management team are moving fast to implement our initiatives to increase value for our shareholders.”
RELATED STORIES
SeaWorld's Doug Stagner named new IAAPA COO and EVP


IAAPA has named attractions veteran Doug Stagner as its new COO and executive vice president – a newly created position designed to help the organisation achieve its goals and handle growth and global infrastructure.
SeaWorld’s Tilikum dies as controversial orca shows laid to rest


Just days since SeaWorld San Diego announced its final orca show would be on 8 January, the marine park brand’s most famous animal, Tilikum, has died.
Former Disney exec appointed as SeaWorld’s chief marketer


Former Disney Parks executive Denise Godreau has joined SeaWorld Entertainment as chief marketing officer.
SeaWorld hosting final California orca show on 8 January


SeaWorld will take the next big step in its company-wide evolution this Sunday (8 January), with its San Diego park hosting its last theatrical orca show, a staple of the entertainment giant for many decades.
MORE NEWS
Les Mills calls on the industry to support UNICEF
Global group exercise specialist, Les Mills, is inviting operators to sign up to its Workout for the World event on 20 June, in support of UNICEF.
HUM2N opens longevity clinic at Six Senses London
Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley.
KX Chelsea invests £15 million to upgrade its wellness offering
Premium London health club, KX Chelsea, will imminently unveil its most significant redevelopment since its launch in 2002 to create an integrated wellness model combining training, recovery and relaxation.
Researchers identify a drug which reduces muscle loss when using GLP-1 medications
Researchers in the US have identified an antibody which could greatly reduce the loss of lean muscle mass in people who are taking weight-loss medications.
Peloton signals potential move into reformer Pilates with Skop acquisition
Peloton has made the strategic acquisition of the Pilates start-up, Skōp, to support the expansion of its strength ecosystem.
Crunch Fitness creates more affordable reformer Pilates concept
Crunch Fitness has announced the launch of Crunch Reform Pilates – its own reformer concept designed to bring this fast growing, but rather expensive, modality into the mainstream.
+ More news   
 
FEATURED SUPPLIERS

W3Fit EMEA celebrates its fifth anniversary
Celebrating its milestone 5th anniversary, W3Fit EMEA returns in 2026 with an unmissable gathering of the Health & Fitness industry’s most influential leaders. [more...]

Reaching the people most gyms miss: Bedford Gym & Swim Campaign delivers 410 new members
One of the biggest mistakes the fitness industry still makes is advertising almost exclusively to people who already look and live like gym members. [more...]
+ More featured suppliers  
COMPANY PROFILES
PSLT Ltd

PSLT Fitness Solutions manufacture, remanufacture and buy back commercial gym equipment. [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

13-13 Jun 2026

Global Wellness Day

Worldwide, Various,
15-18 Jun 2026

HLTH Europe

RAI Convention Centre, Amsterdam, Netherlands
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS